Vysarn Limited (the Company) announced that it has completed the acquisition of waterwell drilling assets and associated inventory from Ausdrill Northwest Pty Ltd. for $16 million. Completion of the transaction satisfies a key condition for the reinstatement of the Company's shares to official quotation. Following completion of the transaction, Mr. Faldi Ismail and Mr. Nicholas Young have formally resigned from the Board, and Mr. Sheldon Burt and Mr. Chris Brophy have moved into Executive Director positions.